For years, UFC President Dana White has pinned the potential for U.K. expansion on key factor: the "right" TV deal. Now, it seems, the company may finally be on the verge of signing such a contract.

"What we've worked hard on is finding a TV partner that just doesn't pay money for our rights but actually gives us the opportunity to produce and develop a magazine program that tells the story and creates awareness about the sport," UFC Executive Vice President and Managing Director of Europe, Middle East and Africa Garry Cook told MMAjunkie.com (www.mmajunkie.com). "So we've worked with a TV partner. We're very close to having a deal."